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8-K - LIVE FILING - KAISER ALUMINUM CORP | htm_43157.htm |
Exhibit 99.1
FOR IMMEDIATE RELEASE
Kaiser Aluminum Announces Quarterly Dividend Payment
FOOTHILL RANCH, Calif. October 11, 2011 Kaiser Aluminum Corporation (NASDAQ:KALU) today announced that its Board of Directors has declared a quarterly cash dividend payment of $0.24 per share on the Companys outstanding common stock. The dividend will be payable on November 15, 2011 to shareholders of record as of the close of business on October 25, 2011.
Company Description
Kaiser Aluminum Corporation, headquartered in Foothill Ranch, Calif., is a leading producer of
semi-fabricated specialty aluminum products, serving customers worldwide with highly-engineered
solutions for aerospace and high-strength, general engineering, and custom automotive and
industrial applications. The Companys North American facilities produce value-added sheet, plate,
extrusions, rod, bar, tube and wire products, adhering to traditions of quality, innovation and
service that have been key components of our culture since the Company was founded in 1946. The
Companys stock is included in the Russell 2000® index and the S&P SmallCap 600® index.
Available Information
For more information, please visit the Companys web site at www.kaiseraluminum.com. The
web site includes a section for investor relations under which the Company provides notifications
of news or announcements regarding its financial performance, including Securities and Exchange
Commission (SEC) filings, investor events, and earnings and other press releases. In addition, all
Company filings submitted to the SEC are available through a link to the section of the SECs web
site at www.sec.gov which includes: Annual Reports on Form 10-K, Quarterly Reports on Form
10-Q, Current Reports on Form 8-K and Proxy Statements for the Companys annual stockholders
meetings and other information statements as filed with the SEC. In addition, the Company provides
a webcast of its quarterly earnings calls and certain events in which management participates or
hosts with members of the investment community.
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This press release contains statements based on managements current expectations, estimates and projections that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 involving known and unknown risks and uncertainties that may cause actual results, performance or achievements of the Company to be materially different from those expressed or implied. These factors include: (a) changes in economic or aluminum industry business conditions generally, including supply, demand and credit conditions and conditions in the markets served by the Company, including aerospace, defense, general engineering, automotive, distribution and other markets; (b) the impact of the Companys future earnings, financial condition, capital requirements and other factors on its ability to pay future dividends and any decision by the Companys board of directors in that regard; and (c) other risk factors summarized in the Companys reports filed with the Securities and Exchange Commission, including the Companys Form 10-K for the year ended December 31, 2010 . All information in this release is as of the date of the release. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Companys expectations.
Investor Relations Contact:
Melinda C. Ellsworth
Kaiser Aluminum Corporation
(949) 614-1757
Public Relations Contact:
Dave Quast
FTI Consulting (646) 421-5341